United States:
DOJ Prosecutions On The Rise, But Fines Plummet
25 January 2023
Morrison & Foerster LLP
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Lisa Phelan spoke to Global Competition Review about
the decrease in criminal fines paid to the Department of
Justice's Antitrust Division in 2022 despite an increase in
enforcement activity and prosecutions.
According to Lisa, smaller fines could reduce incentives for
companies to invest in compliance programs.
"If a company thinks it could face a criminal fine in the
range of tens of millions, or even hundreds of millions of dollars,
it is more likely to take greater steps to monitor and train its
employees on competition laws and risks," Lisa said.
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provided herein may not be applicable in all situations and should
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